Last year, a handful of Fortune 500 companies received more than half of the bank’s financing.
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In one of her final speeches as a congresswoman, retiring Rep. Michele Bachmann (R-MN) voiced her disdain for the Export-Import Bank, calling it “cronyism that’s financed by tax dollars.”

The Ex-Im Bank “puts American small businesses at a competitive disadvantage,” Bachmann said during a speech Wednesday at the Heritage Foundation, “enabling the rich at the expense of the poor.